Release and Settlement Sample Clauses

Release and Settlement. (a) As partial consideration for the award to be made to Holder hereunder, Xxxxxx does hereby for himself and his spouse, beneficiaries, heirs, successors and assigns, release, acquit and forever discharge the Released Parties (as defined below) from any and all claims, actions, charges, complaints, causes of actions, rights, demands, debts, liabilities, damages, losses, costs and expenses of any nature whatsoever, known or unknown, fixed or contingent ("CLAIMS"), under, relating to, or in connection with:
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Release and Settlement a. Upon Final Approval, and payment in full of the Settlement Amount, International and its subsidiaries do hereby fully, finally and forever release Atkinson and any and all of his personal agents, spouses, heirs, surxxxxxx xnd executors (collectively with Atkinson, the "Atkinson Releasees") from any and all rights, interesxx, xxxxgations, xxxxx, dues, sums of money, accounts, reckonings, damages, claims, actions, allegations, causes of action, counterclaims or demands whatsoever, whether known or unknown, in law or in equity, that have been or that could be asserted, relating to the subject matter of the Cardinal Action, the Illinois Action and/or the Report of Investigation by the Special Committee of the Board of Directors of Hollinger International Inc. dated August 30, 2004 (the "SC Report") xxxxxxx any of the Atkinson Releasees (the "Settled Claims"); and Atkinson and any and xxx xx xis personal agents, spouses, heirs, surxxxxxx xnd executors do hereby fully, finally and forever release International and any and all of its predecessors, successors, assigns, affiliates, subsidiaries, divisions, and its current and former officers, directors, shareholders, employees, attorneys, agents, advisors, and representatives (collectively with International, the "International Releasees") from any and all rights, interests, obligations, debts, dues, sums of money, accounts, reckonings, damages, claims, actions, allegations, causes of action, counterclaims or demands whatsoever, whether known or unknown, in law or in equity, that have been or that could be asserted, relating to the subject matter of the Cardinal Action, the Illinois Action and/or the SC Report against any of the International Releasees.
Release and Settlement. 2.1 In lieu of payment of fees and costs awarded by the Court, Defendant, City of Palmdale, shall pay Plaintiffs, Xxxx Xxxxxxxx, V. Xxxxx Xxxxx, and Xxxxx Xxxxx, the aggregate sum of $4.5 million, plus interest on the unpaid balance at the rate of 7 percent per annum, simple, from and after January 9, 2015 through no later than May 21, 2015, after which accrual of interest shall cease. Thereafter, interest will recommence if payment is not made to Plaintiffs’ attorneys within 15 days of entry of the Stipulated Amended Judgment described in paragraph 2.5 below.
Release and Settlement. On the Closing Date, the Company shall be deemed to have released, compromised and settled any and all claims, rights, and causes of action that the Company may have against Buyer or its Affiliates pursuant to sections 544 through 550 of the Bankruptcy Code, inclusive, arising out of the prepetition transfer of assets from the Company to Buyer consummated on October 2, 1995, including, but not limited to, any fraudulent transfer or conveyance claims that might have been assertable by a creditor prior to the Company's Chapter 11 case.
Release and Settlement. In exchange for the consideration specified in paragraphs 2 and 3 of this Settlement Agreement, Plaintiffs hereby fully and completely release and discharge Defendants in their individual and official capacities from any and all claims asserted in this lawsuit, as well as attorneys’ fees and costs.
Release and Settlement. 13.1 In consideration of the promises and covenants contained herein, the parties hereto agree as follows:
Release and Settlement. In consideration for the agreements and compromises set forth herein, HIlT, Shumate, and All agree as follows:
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Release and Settlement. (a) As partial consideration for the payments to be made to White hereunder, and subject to the provisions of Section 3(e) below, White does hereby for himself and his spouse, beneficiaries, heirs, successors and assigns, release, acquit and forever discharge the Released Parties (as defined below) from any and all claims, actions, charges, complaints, causes of actions, rights, demands, debts, liabilities, damages, losses, costs and expenses of any nature whatsoever, known or unknown, fixed or contingent ("Claims"), under, relating to, or in connection with:
Release and Settlement. All parties hereto hereby forever ---------------------- release and discharge all other parties and any affiliate, officer, director, shareholder or agent of any party to the Acquisition Agreement from any claims, accounts, liabilities, losses, damages, actions, causes of action, demands, suits and proceedings of any nature whatsoever, known or unknown, arising from or related in any manner to (i) the Acquisition Agreement, (ii) this Termination Agreement, (iii) the actions of any party or any affiliate, officer, director, shareholder or agent of any party to the Acquisition Agreement or this Termination Agreement or (iv) the relationship between AAT and PWI.
Release and Settlement. Based on the terms and conditions set forth in this Agreement, Newmarket, its officers, directors, shareholders, employees, affiliates and assigns (hereinafter collectively referred to as "Newmarket") for the payment of one hundred twenty five thousand dollars ($125,000), as set forth in section 1 hereof, payable only with shares of NewCo common stock, and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, hereby releases and discharges the Company, its officers, directors, successors and assigns, from any further obligation or claims relating to the debt owed by the Company to Newmarket along with any and all existing or possible actions, causes of actions, claims, demands, damages, costs, fees and expenses of any kind, whether known or unknown, on account of or in any way arising from or related to the agreement or debt between the parties.
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